Brent Trades in $64/bbl Handle
Mar’26 Brent traded in $64/bbl. Lukoil asset sale deadline extended, Dardanelles reopened, US manufacturing data
4 page report
New Year, Same Flow
Naphtha cracks slid into 2026 as East and West spreads fell, with Venezuelan upside capped by ample stocks and crude glut fears.
Published: January 5, 2026
14 page report
Naphtha cracks in the East and the West weakened at the end of 2025, extending the weakness into the new year. The M1 NWE naphtha crack dropped from a high of -$4.20/bbl on 22 Dec to -$5.65/bbl at the time of writing.
Premium Content
To continue reading this page, please login or find our about our subscription options.
About Naphtha Report
Get a mix of market commentary, flow-based analysis, and prompt insights in this premium weekly report about naphtha markets.
Related News
Peering Eye 1.9
Edition: Peering EyeVolume: 1Issue: 9
The Peering Eye is expanding, folks, as the activity is rising in key shipping hubs!
Brent Support at $63.50/bbl
Brent over $64/bbl as Vitol secured a $250m Venezuelan crude deal, Egypt added new output.
4 page report
Brent Eases to $63.43/bbl
US seizes another Venezuela-linked tanker; Iran tensions ease; Russia oil revenues slump as India cuts imports and OPEC regains share
4 page report